Why Domo Stock Is Plummeting Today
Shares of Domo (NASDAQ: DOMO) are posting big sell-offs in Thursday's trading following the company's recent earnings report. The software specialist's share price was down 11.7% as of 12:30 p.m. ET today.
Domo published its second-quarter results after the market closed yesterday and announced sales and earnings that beat the market's expectations, but the company also issued guidance that has disappointed the market. The second quarter of the company's 2026 fiscal year closed July 31.
Image source: Getty Images.
Source Fool.com
Domo Stock
€7.71
-0.520%
With 14 Buy predictions and not the single Sell prediction the community is currently very high on Domo.
As a result the target price of 13 € shows a very positive potential of 68.7% compared to the current price of 7.71 € for Domo.
